India Eastern Corporation's computation of cost of goods sold is: Beginning inventory Add: Cost of goods purchased Rs10,960,000 48,614,000 Cost of goods available for sale 59,574,000 Ending inventory 9,040,000 Cost of goods sold Rs50,534,000 India East's inventory turnover is a. 5.1 times. b. 4.61 times. c. 4.86 times. Od. 5.59 times.